Airbus // Universal Registration Document 2023

1. Information on the Company’s Activities 1.1 Presentation of the Company

C&P market, securing approximately 48% market share in units and 50% in value, driven by Airbus Helicopters positioning in Aerial Work, Private and Business Aviation, and Public Services. The preliminary 2023 Military Market figures indicate a significant military market increase in value of more than 50% versus 2022. The increase in value is driven by Specialised and Very Heavy class helicopter acquisitions (Apache, CH47 Chinook & CH53) which together represent approximately 70% of the value booked. Such bookings were largely made through Government to-Government contracts. Over the next 10 years, according to market forecasts produced by Airbus Helicopters, around 6,900 Civil & Parapublic helicopters and 6,800 Military helicopters are expected to be delivered globally over this period. Within the Civil & Parapublic Market (6,900 units over 10 years), almost 50% of the deliveries in units are expected to be Single engine helicopters, but Twin engine helicopters are anticipated to represent more than 80% of the value to be delivered. For the Intermediate singles, the dominant customer types are expected to be Private & Business Aviation (PBA), Aerial Work and Commercial Air Transport. Whereas in the Light Twin segment, Helicopter Emergency Medical Services (HEMS) continue to be the dominant customer type, followed by Public Services and PBA. The continued resurgence of the energy market remains key for sales of the super medium class, as are Public Services for the Heavy helicopter market class. Demand for military helicopters and related services is mainly driven by budgetary and strategic considerations, and the need to replace ageing fleets. Airbus Helicopters believes that the advanced age of current fleets, the emergence of a new generation of helicopters equipped with integrated systems and the ongoing introduction of combat helicopters into many national armed forces will contribute to increased military helicopter procurement in the medium term. Nevertheless, demand from the military sector has historically been subject to large year to-year variations due to evolving strategic considerations, and may be limited, due to budgetary constraints on public spending in some regions like Western Europe and Middle

East, while other regions like Asia Pacific or Eastern Europe are expected to continue to grow. Within the Military Market (6,800 units over 10 years), approximately 33% of market sales in units are expected to come from the Heavy helicopter class, with a significant dominance in this sector coming from forces requiring Heavy Lift capabilities for troop and logistics transportation. For the remainder of the market, the combination of Light & Intermediate helicopters is expected to account for over 30% and Specialised Attack helicopters around 20%. Competition Airbus Helicopters’ primary competitors in the civil and parapublic sector are Leonardo and Bell. The civil and parapublic sector has seen more local competitors in recent years (China, India, Japan, South Korea and Turkey). Airbus Helicopters has maintained its leading market share in a less dynamic market, with approximately 48% in units booked in 2023 (50% in value), followed by Bell and Leonardo with approximately 17% and 15%, respectively. Airbus Helicopters’ main competitors in the military sector remain Boeing, Sikorsky and Russian Helicopters. In 2023 Boeing was dominant in the Military market, securing approximately 38% of units sold, while Airbus Helicopters secured approximately 16%. Customers More than 3,350 operators currently fly Airbus Helicopters’ rotorcraft in over 150 countries. Airbus Helicopters’ principal military clients are Ministries of Defence (“ MoDs ”) in Europe, Asia, the US and Latin America. In the civil and parapublic sector, Airbus Helicopters has a leading market share in Europe, the Americas and Asia-Pacific. With approximately 54% of the worldwide market share-based on deliveries in 2023, the versatility and reliability of Airbus Helicopters products have made them the preferred choice of the most prominent civil and parapublic customers (turbine helicopters of more than five seats).

50 Airbus Annual Report

Universal Registration Document 2023

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